What is Fixed exchange rate system
Fixed exchange rate system (or pegged exchange rate system): This is a system in which exchange rate of a currency is fixed by government. This system makes sure stability in the foreign trade and capital movement.
If the Chinese economy could create all goods with fewer resources per unit than are needed in US, the citizens of China would: (i) Encompass a comparative advantage in the whole thing. (ii) Be self-sufficient since there would be no potential profits from trade. (iii
Calculate the value of imports, if the net imports are of Rs 160 crores and the value of exports are of Rs 400 crores.
State the items that are not involved in the current account of India’s Balance of payment. Answer: The capital transactions is in the form of direct and portf
Who rediscovered Bachelier’s thesis?
Managed floating rate system: This is a system in which foreign exchange rate is found out by market forces and central bank is a key contributor to stabilize the currency in condition of tremendous appreciation or depreciation.
The practice considers the Treasury’s elucidation of the consequence on macroeconomic adjustment of joining the euro.
Who won the Nobel Prize for Economics in 1997?
The simple circular flow model of a private economy describes how income and resources flow among: (1) Households and business associations. (2) Corporations and government agencies. (3) Sole corporations and proprietorship (4) Business associations a
I NEED TO UNDERSTAND MORE ABOUT International product life cycle
Explain all the approaches of Paul Samuelson.
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